Search the BaaS market.

EC · Multiple (Visa/Mastercard principal member in Mexico, Chile, Peru, Colombia)

US · Office of the Commissioner of Financial Institutions (Puerto Rico); NOT FDIC-insured

US · Pennsylvania charter; Federal Reserve; FDIC (insured); NYSE: CUBI

US · Federal Reserve, Arkansas State Bank Dept.

...C, and NCUA jointly proposed a major overhaul of AML/CFT regulations, modernizing the framework for the first time since the 1970s Bank Secrecy Act. The proposal introduces a risk-focused approach, ex...

OCC leadership in 2025 expressed support for bank-fintech partnerships while prioritizing risk management. The OCC continued scrutiny of fintech arrangements with emphasis on robust compliance framewo...

The FDIC and OCC adopted a joint final rule prohibiting the agencies from taking adverse action against financial institutions based on reputation risk, including risk stemming from customers' politic...

The Bank of Lithuania issued guidance in 2025 preparing EMIs and PIs for the REGATA reporting transition (Q1 2026) and MiCAR crypto-asset reporting requirements, including new safeguarding reports due...

The SEC and CFTC signed a landmark memorandum of understanding on regulatory harmonization in March 2026, potentially affecting bank-fintech partnerships involving digital assets.

The FDIC published a speech or update on reforms to its regulatory toolkit, potentially addressing BaaS and third-party risk management supervisory approaches.

NYDFS issued a consent order against Industrial Bank of Korea for BSA/AML and recordkeeping violations, imposing a $35 million penalty. The action was not fintech-specific but reflects heightened regu...

The FDIC issued a proposed rule for consolidated supervision of ILC parent companies ('Covered Companies'), requiring written agreements on capital, liquidity, and risk management, with restrictions o...

NYDFS published its report on the Apple Card investigation in March 2021, examining potential discrimination in credit underwriting by Goldman Sachs, the issuing bank behind the Apple Card.

On April 17, 2026, the OCC, Federal Reserve, and FDIC issued revised interagency guidance on model risk management. The guidance addresses sound principles for model development, validation, monitorin...

Evolve Bank & Trust's 2022 redlining-related consent order was terminated on May 29, 2025 after the bank complied with compensation and injunctive terms. Evolve is a major BaaS sponsor bank.

...nCEN issued an order allowing banks and credit unions to collect Taxpayer Identification Numbers (TINs/SSNs) from third-party sources such as credit reporting agencies instead of directly from custome...

BCB Resolution 589 requires all PIX participants to implement self-service MED (fraud recovery) functionality in their apps by October 2025, with MED 2.0 planned for February 2026 enabling tracing and...

The FCA placed restrictions on Nexus Independent Financial Advisers and Nexus Investment Managers on January 25, 2023, halting regulated activities and asset access due to concerns over unauthorized f...

NYDFS settled with Paxos Trust Company, imposing a $26.5 million penalty for inadequate due diligence on a former partner and systemic AML program failures. Paxos agreed to invest $22 million in compl...

India's NPCI imposed new UPI compliance rules effective August 1, 2025, under which payment service providers face penalties, API restrictions, or suspension of new customer onboarding for non-complia...

The CFPB allocated $46 million related to the Synapse/Evolve situation, addressing harm to consumers affected by the Synapse Financial Technologies collapse. Evolve Bank & Trust was a key banking part...

FinCEN issued guidance in December 2020 encouraging broader use of Section 314(b) voluntary information sharing among financial institutions for AML/CTF purposes. The guidance emphasized legal protect...

The CFPB fined Santander $4.75 million in December 2020 for inaccurate auto loan data reporting under the Fair Credit Reporting Act. The action was not BaaS-related but involved consumer lending compl...

The FDIC finalized a new brokered deposits rule on December 15, 2020, that excluded certain fintech-bank arrangements from brokered deposit restrictions. The rule was supportive of BaaS partnerships r...

Novo launched its digital business banking platform in the US, offering free checking accounts and debit cards for startups and small businesses. The service is white-labeled through a partnership wit...

Ally Financial divested its $2.3 billion credit card portfolio, covering 1.3 million cardholders, to CardWorks and Merrick Bank. The deal reflects Ally's strategic focus away from card lending and pos...

Zenus Bank integrated Tuum's Accounts and Payments modules into its technology ecosystem to launch a global BaaS platform. The platform enables banks, fintechs, super apps, and businesses in over 120 ...

The U.S. House of Representatives passed H.R. 1426, the Federal Savings Association Charter Flexibility Act of 2017, allowing federal savings associations to exercise national bank powers without conv...

Canadian fintech Zūm Rails partnered with Fiserv to expand its embedded payments platform into the US market. The partnership enables embedded AP/AR and payment processing for US businesses via Fiserv...

Radius Bank partnered with NYC-based fintech Mantl to launch a new digital account opening platform. The collaboration aimed to modernize the bank's onboarding process for new customers. This represen...

Finastra released Fusion Teller, a browser-based banking platform with packaged common services and pre-integration for Finastra's core banking systems. The platform modernized teller operations by mo...

Housing Bank for Trade and Finance selected ProgressSoft's Payments Hub Platform to upgrade its payments network. The integration covers local and international payment corridors, with faster settleme...

Mastercard announced the winners of its Lighthouse FINITIV Fall 2024 accelerator program targeting Nordic and Baltic fintechs. The three-month program fosters partnerships with banks like SEB and Swed...

San Francisco-based fintech Seed partnered with FDIC-insured The Bancorp to offer free mobile-only banking for small businesses. The service included checking accounts, debit cards, bill pay, mobile d...

Bento for Business, a cloud-based spend management platform offering prepaid business cards, closed a $9 million funding round. The platform leverages bank-issued cards to provide businesses with expe...

Western Union announced plans to launch USDPT, a U.S. dollar stablecoin built on Solana and issued by Anchorage Digital Bank. The token will let users send, receive, spend, and hold digital dollars ac...

The Federal Reserve denied Custodia Bank's application for Federal Reserve System membership, citing safety, soundness, and risk management concerns including money laundering risks. Custodia is a Wyo...

Alpha Modus launched Alpha Cash on May 18, 2026, a mobile financial platform paired with physical retail kiosks. The app targets unbanked and underbanked consumers with cash loading, remittance, prepa...

...irst Bank, are increasingly partnering with fintechs through white-label BaaS programs, with some banks maintaining up to a dozen fintech relationships. A Cornerstone Advisors report found 66% of US b...

Crypto firms Paxos and BitPay filed applications with the OCC for national trust bank charters on December 9 and December 8, 2020 respectively. The filings reflect growing fintech interest in obtainin...

...e guidance directly impacts BaaS banks and their fintech partnerships by establishing unified expectations for oversight of third-party relationships. It represents the most significant US regulatory ...

ModusBox partnered with Sound Credit Union to integrate Zelle payment network functionality through its PortX Payment Manager solution. The integration provides real-time transaction monitoring and fr...

NorthOne partnered with The Bancorp Bank to provide small business banking services, with Bancorp serving as the chartered bank behind NorthOne's fintech platform. The arrangement is a classic BaaS mo...

Corporate credit card fintech Brex applied for an Industrial Loan Company (ILC) charter with the FDIC and Utah Department of Financial Institutions. The application followed renewed interest in ILC ch...